Semtech Corporation (NASDAQ:SMTC) will release earnings results for its fourth quarter, after the closing bell on Monday, March 16.
Analysts expect the Camarillo, California-based company to report quarterly earnings at 43 cents per share, up from 40 cents per share in the year-ago period. The consensus estimate for Semtech’s quarterly revenue is $273.2 million, versus $251 million a year earlier, according to data from Benzinga Pro.
On March 10, Semtech announced a partnership with Digital Barriers to launch Semtech Video Compression, a fully integrated device-to-cloud cellular video solution designed for surveillance and analytics applications.
Semtech shares rose 1.7% to close at $84.85 on Friday.
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